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The Latest Breaking News from Rachel Reeves

Britons cutting back on spending as confidence in economy falls, survey shows

Most feel financially secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statement

The Guardian - UK

Majority of Scots say rich should pay more in tax, poll finds

The UK Government is being urged to “put fairness first” by increasing taxes on the richest – a move backed by more than two-thirds of Scots.

The National (Scotland)

Reeves to put £2bn into affordable housing to ‘sweeten the pill’ of cuts

Chancellor will announce plans to fund 18,000 social homes before fraught spring statement on Wednesday

The Guardian - UK

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Reeves offers £2bn affordable housing boost ahead of sweeping cuts to public services

Investment is aimed at helping to fulfill government’s pledge to build 1.5 million new homes over the next five years

The Independent UK

Chancellor's £2bn housebuilding boost welcomed as charities urge for majority to be social homes

The investment is aimed at helping to fulfill the Government’s pledge to build 1.5 million new homes over the next five years.

Evening Standard

The challenges facing Rachel Reeves are clear – and painful

THE INDEPENDENT VIEW: Editorial: All the signs are that the reforms to the NHS, social security and the civil service are only the beginning of a longer, and inevitably more painful, process of change

The Independent UK

BBC Viewers Switch Off in Droves After ‘Sickening’ Rachel Reeves Clash on Laura Kuenssberg Show

Chancellor Rachel Reeves faced a seriously tough grilling on Sunday with Laura Kuenssberg, and things got tense fast.

The Fashion Central

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X stands to benefit if UK pulls digital services tax in trade deal with US

Prominent campaigner says Elon Musk’s platform qualifies for the levy, which is on the block in negotiations

The Guardian - UK

The Guardian view on Rachel Reeves’s spending cuts: a choice, not an economic necessity

Editorial: The spring statement casts austerity as unavoidable, but Labour is clinging to economic myths while ignoring the tools of power

The Guardian - UK

Why UK's Civil Service 'could see 50,000 jobs axed...The Standard podcast

Listen here on your chosen podcast platform.

Evening Standard

Reeves’s Sabrina Carpenter freebie furore proves today’s politicians should avoid one thing: fun

With the UK mired in gloom for the foreseeable future, how can the chancellor possibly think about enjoying herself, asks Guardian columnist Zoe Williams

The Guardian - UK

What Rachel Reeves can do to raise money instead of cutting public services

Letters: David Murray and Bernie Evans on the alternatives open to the chancellor to tackle Britain’s crumbling finances. Plus a letter from Elizabeth Atkinson

The Guardian - UK

FTSE 100 nudges down as index fails to hold onto early gains

London’s blue-chip index fell slightly on Monday despite a business survey showing private sector growth.

Evening Standard

Rachel Reeves ‘doesn’t recognise’ reported cuts to universal free school meals for young children

Amid reports that Bridget Phillipson has proposed slashing universal free school meals, chancellor says she ‘doesn’t recognise’ plans

The Independent UK

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International Business Times

UK Targets Spending Cuts To Mend Public Finances

Britain's Labour government will deliver a highly anticipated fiscal update on Wednesday, with finance minister Rachel Reeves expected to detail billions of pounds of spending cuts to address the country's struggling economy.

Euronews

UK considers switching up tech company taxes to sidestep US tariffs

Currently, the UK is impacted by Trump’s 25% tariffs on all imports of steel and aluminium into the US. Washington has also implemented tariffs against Canada, Mexico and China.

Evening Standard

Starmer appears to back Reeves over Sabrina Carpenter freebie

Downing Street said the Prime Minister ‘supports all of his ministers making their own judgments’ over hospitality.

The Independent UK

Minister ‘too busy’ for concerts amid Reeves row over Sabrina Carpenter tickets

The chancellor has defended her decision to accept the freebie tickets as ‘the right thing to do’ because of her security arrangements

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The Independent UK

Confusion at top of government over how many jobs could be cut from civil service

Chancellor said there would be 10,000 job losses but the transport secretary said there is no target

Evening Standard

Chancellor does not ‘recognise’ reports of cutting universal free school meals

Rachel Reeves is expected to announce spending cuts for some Government departments.

The Guardian - UK

UK private sector growth rises to six-month high in boost for Rachel Reeves

Services companies say order books increased for first time this year as they hope to avoid Trump tariffs

Evening Standard

Starmer and Trump spoke about progress on economic deal on Sunday – No 10

The Prime Minister spoke with the US President about the agreement on Sunday night amid media reports a tax on tech giants could be cut.

Evening Standard

Civil service cuts: where is Rachel Reeves hoping to make savings?

The chancellor says government has grown too big since Covid and she is looking to save £2.2 billion a year

The Guardian - UK

UK charities urge ministers to stop scapegoating nature for planning failures

Exclusive: RSPB and National Trust among groups saying rhetoric from Rachel Reeves and Keir Starmer at odds with public sentiment

Evening Standard

UK private-sector growth rises to six-month high

An influential business survey reported stronger-than-expected growth on the back of a significant improvement in the services sector.

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